Banswara Syntex Ltd. has entered into a joint venture agreement with Treves S.A. of France with 50:50 equity shareholding to be known as Treves Banswara Pvt. Ltd. This new JV company will produce laminated knitted and woven textiles for internal furnishing of trains, buses and other automobiles.
Treves S.A., based in Paris, designs, manufactures and supplies automotive parts. Its products include acoustic, thermal and aerodynamic shields for engine compartments and substructures; interior trims, acoustics and door panels; seats and seat components; and automotive textiles and covering materials.